diff --git a/cmd/kaspawallet/config.go b/cmd/kaspawallet/config.go
index d701b18c2f..c88bc5f39d 100644
--- a/cmd/kaspawallet/config.go
+++ b/cmd/kaspawallet/config.go
@@ -103,6 +103,7 @@ type broadcastConfig struct {
 }
 
 type parseConfig struct {
+	KeysFile        string `long:"keys-file" short:"f" description:"Keys file location (default: ~/.kaspawallet/keys.json (*nix), %USERPROFILE%\\AppData\\Local\\Kaspawallet\\key.json (Windows))"`
 	Transaction     string `long:"transaction" short:"t" description:"The transaction to parse (encoded in hex)"`
 	TransactionFile string `long:"transaction-file" short:"F" description:"The file containing the transaction to parse (encoded in hex)"`
 	Verbose         bool   `long:"verbose" short:"v" description:"Verbose: show transaction inputs"`
diff --git a/cmd/kaspawallet/daemon/server/split_transaction.go b/cmd/kaspawallet/daemon/server/split_transaction.go
index 97d017abe7..8e2d09aa48 100644
--- a/cmd/kaspawallet/daemon/server/split_transaction.go
+++ b/cmd/kaspawallet/daemon/server/split_transaction.go
@@ -12,6 +12,7 @@ import (
 	"github.com/kaspanet/kaspad/domain/consensus/utils/utxo"
 	"github.com/kaspanet/kaspad/domain/miningmanager/mempool"
 	"github.com/kaspanet/kaspad/util"
+	"github.com/kaspanet/kaspad/util/txmass"
 )
 
 // maybeAutoCompoundTransaction checks if a transaction's mass is higher that what is allowed for a standard
@@ -218,9 +219,13 @@ func (s *server) createSplitTransaction(transaction *serialization.PartiallySign
 }
 
 func (s *server) estimateMassAfterSignatures(transaction *serialization.PartiallySignedTransaction) (uint64, error) {
+	return EstimateMassAfterSignatures(transaction, s.keysFile.ECDSA, s.keysFile.MinimumSignatures, s.txMassCalculator)
+}
+
+func EstimateMassAfterSignatures(transaction *serialization.PartiallySignedTransaction, ecdsa bool, minimumSignatures uint32, txMassCalculator *txmass.Calculator) (uint64, error) {
 	transaction = transaction.Clone()
 	var signatureSize uint64
-	if s.keysFile.ECDSA {
+	if ecdsa {
 		signatureSize = secp256k1.SerializedECDSASignatureSize
 	} else {
 		signatureSize = secp256k1.SerializedSchnorrSignatureSize
@@ -228,7 +233,7 @@ func (s *server) estimateMassAfterSignatures(transaction *serialization.Partiall
 
 	for i, input := range transaction.PartiallySignedInputs {
 		for j, pubKeyPair := range input.PubKeySignaturePairs {
-			if uint32(j) >= s.keysFile.MinimumSignatures {
+			if uint32(j) >= minimumSignatures {
 				break
 			}
 			pubKeyPair.Signature = make([]byte, signatureSize+1) // +1 for SigHashType
@@ -236,12 +241,12 @@ func (s *server) estimateMassAfterSignatures(transaction *serialization.Partiall
 		transaction.Tx.Inputs[i].SigOpCount = byte(len(input.PubKeySignaturePairs))
 	}
 
-	transactionWithSignatures, err := libkaspawallet.ExtractTransactionDeserialized(transaction, s.keysFile.ECDSA)
+	transactionWithSignatures, err := libkaspawallet.ExtractTransactionDeserialized(transaction, ecdsa)
 	if err != nil {
 		return 0, err
 	}
 
-	return s.txMassCalculator.CalculateTransactionMass(transactionWithSignatures), nil
+	return txMassCalculator.CalculateTransactionMass(transactionWithSignatures), nil
 }
 
 func (s *server) moreUTXOsForMergeTransaction(alreadySelectedUTXOs []*libkaspawallet.UTXO, requiredAmount uint64, feeRate float64) (
diff --git a/cmd/kaspawallet/parse.go b/cmd/kaspawallet/parse.go
index 0e278e90f9..68275a0534 100644
--- a/cmd/kaspawallet/parse.go
+++ b/cmd/kaspawallet/parse.go
@@ -3,13 +3,17 @@ package main
 import (
 	"encoding/hex"
 	"fmt"
+	"io/ioutil"
+	"strings"
+
+	"github.com/kaspanet/kaspad/cmd/kaspawallet/daemon/server"
+	"github.com/kaspanet/kaspad/cmd/kaspawallet/keys"
 	"github.com/kaspanet/kaspad/cmd/kaspawallet/libkaspawallet/serialization"
 	"github.com/kaspanet/kaspad/domain/consensus/utils/consensushashing"
 	"github.com/kaspanet/kaspad/domain/consensus/utils/constants"
 	"github.com/kaspanet/kaspad/domain/consensus/utils/txscript"
+	"github.com/kaspanet/kaspad/util/txmass"
 	"github.com/pkg/errors"
-	"io/ioutil"
-	"strings"
 )
 
 func parse(conf *parseConfig) error {
@@ -20,6 +24,11 @@ func parse(conf *parseConfig) error {
 		return errors.Errorf("Both --transaction and --transaction-file cannot be passed at the same time")
 	}
 
+	keysFile, err := keys.ReadKeysFile(conf.NetParams(), conf.KeysFile)
+	if err != nil {
+		return err
+	}
+
 	transactionHex := conf.Transaction
 	if conf.TransactionFile != "" {
 		transactionHexBytes, err := ioutil.ReadFile(conf.TransactionFile)
@@ -33,6 +42,8 @@ func parse(conf *parseConfig) error {
 	if err != nil {
 		return err
 	}
+
+	txMassCalculator := txmass.NewCalculator(conf.NetParams().MassPerTxByte, conf.NetParams().MassPerScriptPubKeyByte, conf.NetParams().MassPerSigOp)
 	for i, transaction := range transactions {
 
 		partiallySignedTransaction, err := serialization.DeserializePartiallySignedTransaction(transaction)
@@ -78,7 +89,15 @@ func parse(conf *parseConfig) error {
 		}
 		fmt.Println()
 
-		fmt.Printf("Fee:\t%d Sompi\n\n", allInputSompi-allOutputSompi)
+		fee := allInputSompi - allOutputSompi
+		fmt.Printf("Fee:\t%d Sompi\n\n", fee)
+		mass, err := server.EstimateMassAfterSignatures(partiallySignedTransaction, keysFile.ECDSA, keysFile.MinimumSignatures, txMassCalculator)
+		if err != nil {
+			return err
+		}
+
+		feeRate := float64(fee) / float64(mass)
+		fmt.Printf("Fee rate: %.2f Sompi/Gram\n", feeRate)
 	}
 
 	return nil